Quantum appoints Dell veteran James C. Clancy as COO effective Sept 28, 2026; he resigns from board

QUANTUM CORP /DE/

Clancy, 59, was SVP Global Sales, Data Protection Solutions at Dell Technologies from 2019 until December 2024; earlier roles at Dell and EMC dating to 1998.
Compensation: $400,000 annual base salary, target bonus of 60% of base, 150,000 RSUs vesting in three equal annual installments, and 400,000 options vesting monthly over 48 months.
Equity grants expected effective on or around October 1, 2026 under the company's 2023 Long-Term Incentive Plan, as amended.
Change-of-control severance: 12 months base salary plus 100% of target bonus, 100% accelerated vesting of time-vested equity, and 12 months of COBRA premiums.
Clancy resigned his board seat and Audit and Corporate Governance and Nominating Committee memberships; CEO Hugues Meyrath said he will drive operational execution and growth.

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